Monday, December 15, 2025 | 12:10 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Poor must benefit: Letter to BS on MSP hiked to 150% of cost

Govt must also set up machinery to ensure benefits of higher price actually go to the farmer

Image
premium

Business Standard
The minimum support price, at which the government purchases crops from farmers, has been raised to 150 per cent of the cost of producing the crops, in the 2018-19 Budget. This will hopefully improve the earnings of the farmer. Many Indian farmers have committed suicide since they are unable to repay the loans to the money lenders. Many have also been impoverished when their lands were appropriated for urban development, at below market prices. 


The government must also set up an